vancouverwest CONDO-NOVEMBER 2021
SALESTO LISTINGSRATIO 36% SELLERS'MARKET
▶ MARKETSUMMARY Therewere1,335condolistingsinVancouverWestin November,11%belowOctoberand24%lowerthan November2020. Novembercondosalesincreasedby15% month-over-month,to482,andwere54%above November2020. Thesales-to-listingratioforcondosinVancouverWest, at36%,reflectedaselers'market. ThecondomedianpriceinNovemberwas$795,000,a 4%decreasefromOctoberand6%aboveNovember 2020. Theaveragesoldpricewas$941,323,4%belowlast month;theaveragePSFsalepricewas$1,109,up1.4%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 11% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 13% VS2020
▲ 6% VS2020
▼ 24% VS2020
▲ 54% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
36% 482 1,335
18% 314 1,762
11% 13% 6% 103% 54% -24%
28% 420 1,500
1.4% -4% -4% 29% 15% -11%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,109 $941,323 $795,000
$1,094 $981,213 $829,000
$996 $834,574 $752,500
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● NOV 2020 ● NOV 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
1,664
1,762
1,580
1,552
1,529
1,500
1,588
1,335
1,417
1,352
1,309
1,299
1,280
625
515
441
482
359
508
443
427
314
422
417 420
282
$829K
$818K
$790K
$795K
$780K
$770K
$775K
$775K
$765K
$753K
$757K
$743K
$735K
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
300
2
250
4+bdrms
21
82%
200
64%
28
3bdrms
150
204
41% 42%
100
31%
215
2bdrms
19%
686
50
14%
7%
0
237
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
16 5 31%
107 69 64%
208 171 82%
232 95 41%
166 69 42%
149 29 19%
176 24 14%
281 20 7%
424
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